Welcome to our dedicated page for Dynamic Aerospace Systems SEC filings (Ticker: BRQL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Dynamic Aerospace Systems' SEC filings document its public-company transition from BrooQLy Inc. and its current disclosure profile as a Nevada emerging growth company focused on unmanned aerial systems. The record includes 8-K reports for corporate updates, Regulation FD disclosures, executive appointments, annual meeting results, amendments to charter terms and preferred stock designations.
Filings also address capital-structure matters, shareholder voting, Form S-1-related disclosure, annual reporting obligations and financial results. Exhibits and material-event reports describe UAV platform demonstrations, operating priorities, internal-control and reporting infrastructure, risk factors, and the governance framework supporting the company's aerospace and drone business.
Dynamic Aerospace Systems reported a 2025 net loss of $7.79 million, with an accumulated deficit of $9.79 million and a working capital deficit of $2.81 million. Management explains that about $4.87 million of the loss reflects non-cash items such as goodwill impairment, amortization, stock-based compensation, and other accounting charges, plus roughly $158,000 of non-recurring acquisition and S-1 related costs.
The company estimates its cash burn in 2025 averaged about $224,000 per month, or roughly $2.7 million for the year, which it views as a better indicator of operating intensity than accounting loss. Strategically, Dynamic Aerospace is pursuing a dual-engine model: near-term revenue from U.S.-based UAV manufacturing and longer-term recurring revenue from its Dynamic Deliveries autonomous logistics platform.
Leadership highlights supportive defense and regulatory trends favoring scalable, NDAA-compliant UAS/UAV systems and positions its Fortis-class and other UAV platforms to serve defense, public safety, logistics, and enterprise markets. Priorities for 2026 include converting products and logistics services into revenue, advancing regulatory approvals, strengthening the balance sheet, pursuing a potential NYSE listing, and preparing for the next phase of growth.
Dynamic Aerospace Systems Corporation files its annual report describing a transformation into a UAV and autonomous logistics company focused on hybrid VTOL and electric drones for defense, public safety, logistics and infrastructure applications. The business is built around platforms like the US-1 electric multicopter, G1 hybrid VTOL and Mitigator tactical drone, supported by a sensor-agnostic architecture and a growing patent portfolio.
The company is early stage with limited operating history and reported net losses of $7,790,924 in 2025 and $1,171,439 in 2024, leading to an accumulated deficit of $9,791,120 and a working capital deficit of $2,811,077 as of December 31, 2025. Its independent auditor expressed substantial doubt about its ability to continue as a going concern. As of April 13, 2026, there were 27,583,300 shares outstanding, and the non‑affiliate equity market value was $9,783,390 as of June 30, 2025.
The company outlines a diversified revenue strategy spanning UAV sales, drone‑as‑a‑service, logistics networks, integrations and government work, with only 13 full‑time employees. It faces intense competition from much larger aerospace and drone players, supply‑chain dependence on key components, rapid technological change, cybersecurity and regulatory risks, and has identified material weaknesses in internal control over financial reporting.
DYNAMIC AEROSPACE SYSTEMS Corp granted its Chief Financial Officer, Robin Hoops, 500,000 restricted stock units on April 9, 2026 as equity compensation. None of these RSUs have vested yet, and they represent Hoops's entire reported position of 500,000 units following this award.
The RSUs vest over time: 10% on April 9, 2027, 30% on April 9, 2028, and the remaining 60% on April 9, 2029. Each vested RSU will convert into one share of common stock, with settlement six months after each vesting date, tying the CFO’s long-term incentives to the company’s share performance.
DYNAMIC AEROSPACE SYSTEMS Corp filed an initial Form 3 for its CHIEF FINANCIAL OFFICER, HOOPS ROBIN. The filing identifies Robin as an officer of the company and serves as an initial statement of insider status with no transactions reported in the summary data.
Dynamic Aerospace Systems Corporation notified the SEC that its Annual Report on Form 10-K for the year ended December 31, 2025 could not be filed "without unreasonable effort or expense" and is being submitted on Form 12b-25. The company says it needs additional time to compile and verify required data and has engaged a third-party valuation firm to complete an impairment analysis; management believes an impairment has likely occurred and that any resulting non-cash charge may be material.
RICH RON J reported acquisition or exercise transactions in this Form 4 filing.
DYNAMIC AEROSPACE SYSTEMS Corp director RICH RON J received 100,000 restricted stock units (RSUs) on October 1, 2025. Each RSU represents a right to receive one share of common stock. The RSUs vest 10%, 30%, and 60% across dates through October 1, 2028.
The filing notes that 10,000 RSUs had already vested as of this Form 4 and will be settled in common shares six months after their vesting date. Following this grant, the director holds 200,000 RSUs in total, reflecting a compensation-related equity award rather than an open-market stock purchase.
Dynamic Aerospace Systems Corp director Rich Ron J filed an initial ownership report showing he received 100,000 restricted stock units (RSUs) in connection with his appointment on March 18, 2025. The RSUs vest 10% on March 18, 2026, 30% on March 18, 2027, and 60% on March 18, 2028, with each RSU representing a contingent right to one share of common stock.
Dynamic Aerospace Systems Corporation appointed Robin Hoops, CPA-CA, as Chief Financial Officer effective March 16, 2026, after serving as interim CFO since January 20, 2026. She brings over 20 years of accounting, finance, treasury, reporting, and audit experience across U.S. and Canadian public and private companies.
Her compensation includes an annual base salary of $185,000 for the first six months, increasing to $200,000 thereafter, plus a grant of 500,000 restricted stock units, with vesting terms to be set. The company is finalizing a definitive employment agreement, and confirms she has no related-party or Item 404(a) relationships.
Dynamic Aerospace Systems Corporation adopted two new preferred stock series and finalized its corporate name change. The company created 25,000,000 shares of Series A.1 Preferred Stock with a stated value of $0.015 per share, 10:1 voting rights, a liquidation preference ahead of common stock, and conversion into three common shares per preferred share at the holder’s discretion.
The company also designated 25,000,000 shares of Series D.1 Preferred Stock with a par value of $0.0001 per share, 1:1 voting rights, and conversion into one common share per preferred share beginning six months after issuance. Both series require majority holder approval to change their rights and are not subject to reverse stock splits. Separately, the company corrected its legal name in Nevada to Dynamic Aerospace Systems Corporation after previously operating as BrooQLy Inc.
Dynamic Aerospace Systems (BrooQL Inc.) has appointed Robin Hoops, CPA-CA, as Interim Chief Financial Officer, effective January 20, 2026. She brings over 20 years of experience in accounting, finance, treasury, SEC reporting, and senior management for both private and public companies in Canada and the United States.
The company highlights her background in complex technical accounting, internal controls, and work with private equity-backed businesses. Her appointment is intended to strengthen financial leadership and support efforts to enhance internal controls, policies, procedures, and public company readiness, including preparation for a potential uplisting to a national securities exchange. The company has not yet finalized her compensation arrangements and plans to disclose those terms in a later filing.